🌎 Notcoin Surges 11% as Tap2Earn and Toncoin Drive Market Momentum

Notcoin (NOT) has seen an impressive surge of over 11% in the past 24 hours, breaking above $0.021 as the market experiences a bullish trend, reaching a two-week high.

The Telegram-based game token’s price is poised for further rallying, riding on fresh momentum from the related Toncoin (TON) coin, which recently hit a new all-time high, pushing 100% of addresses into profitability.

With a double-digit surge, Notcoin’s market cap has reached $1.9 billion, positioning it 49th among the largest cryptocurrencies by market cap. In contrast, VeChain (VET), Maker (MKR), and Optimism (OP) have all seen declines over the past 24 hours, dropping by 6%, 2%, and 7% respectively.

Given Notcoin’s potential for further gains, it’s feasible that Notcoin could surpass VET, MKR, and OP in market cap. Currently, all three coins have a market cap of just over $2 billion.

Notcoin’s 24-hour trading volume stands at $1.2 billion, trailing only behind Bitcoin, Ethereum, BNB, Solana, and stablecoins USDT, USDC, and FDUSD.

The price of NOT peaked at an all-time high of $0.028 on June 2 but retreated to $0.019 amid broader market pressures.

Notcoin’s Surge Amid New Tap2Earn Trend

The recent price uptick for Notcoin coincides with a spike in interest for “Tap2Earn” and related tokens. Currently, top trending options include Hamster Kombat and Yescoin.

Notcoin benefits significantly from its first-mover advantage within the Telegram ecosystem. Recent growth in The Open Network (TON) has also positively impacted Notcoin. With Telegram’s 900 million user base and increasing support for crypto on the platform, interest and growth in Notcoin have been substantial.

Metrics such as daily active addresses for TON have risen sharply over the past three months. This trend is likely to drive similar growth for Notcoin, which is expanding its focus beyond Tap2Earn.